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Casualty Claims Manager (m/f/d)*

Location Munich, Germany Job type Full-Time Work mode Hybrid Job level Professional Job ID 9725 Company Munich Re Employment type Regular Area of expertise Claims & Underwriting
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We are looking for a strong addition to our Casualty Claims Team to jointly work toward our Global Claims Ambition 2025+.

Within our Global Claims Team, our team is responsible for active management of worldwide Casualty reinsurance claims from our Global Clients underwritten out of Munich. 

This includes evaluation and management of large loss complexes, maintaining beneficial client claims relationships as well as interacting with the Global Organization and providing lessons learned and other claims services to internal and external stakeholders including Underwriting and Client Management.

Your Job

  • Management and legal review of major and complex international casualty claims predominantly emanating from general liability and financial lines (Commercial- and FI D&O / E&O), for our Global Clients
  • Claims management (assessing indemnity and quantum within defined limits of authority / ultimate estimation of major losses and ongoing review of reserves for individual losses and loss complexes) with a focus on added value. For example, by negotiating coverage, liability and allocation issues, initiating subrogation and liaising with other Munich Re international organizations (predominantly Munich Re America and Munich Re UK)
  • Active loss portfolio management to detect conspicuous single losses, loss trends and emerging risks
  • Servicing, advising and monitoring our cedents with regards to claims matters. In particular, conducting claims reviews and visits at client offices, also in cooperation with other Munich Re international teams
  • Fostering Client relations
  • Usage of new technologies and alternative solutions for Claims related portfolio analysis as well as support in development and distribution of Claims Digital Services
  • Monitoring and reporting of legislative changes, legal trends and their impact on claims management of Munich Re
  • Providing support for client management and underwriting (claims feedback and lessons learned, trend detection, and advising on wording issues, etc.)
  • Fostering expertise and synergies through cooperation within the Claims units
  • Active contribution to working groups and in-/external workshops and events on current claims topics

Your Profile

  • University degree in legal studies (preferably with a common law background) or comparable long-time practical experience in handling (international) casualty claims and/or casualty underwriting in insurance and/or reinsurance
  • Understanding of related insurance and reinsurance coverage interpretation, loss reserving, loss report management, litigation management and client relationship management
  • Strategic thinking and ability to get to the core of complex legal and economic matters combined with strong analytical skills, ability to work systematically and independently
  • Result focused and solution oriented with very good negotiating and conflict management skills, ability to take decisions and to be a good team player
  • Willingness to travel internationally on occasion – sometimes also on short notice
  • Excellent command of written and spoken business English, other languages (esp. German) are of advantage

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.

About us

As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel. 

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.

Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential

  • Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
  • Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
  • Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Rewards & Recognition

  • Competitive salary: appropriate compensation for your high level of commitment.
  • Retirement provision: state of the art in-house pension solutions.
  • Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
  • Health management: focus on your physical and mental health far beyond legal requirements.
  • Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified. 

Münchener Rückversicherungs-Gesellschaft
Lisa Schneider

HR Consultant

Apply Now

Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

See the area you’ll be working in

Get an idea of what your daily routine around the office can be like.

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